Nomura’s Komainu CEO Steps Down with ‘Immediate Effect’ 

Komainu CEO has stepped down from his executive role “with immediate effect.”

Nicolas Bertrand posing onfront of two Komainu statues.
Created by Gabor Kovacs from DailyCoin
  • An executive has resigned from Komainu.
  • Komainu is a crypto custodian backed by Nomura.
  • The executive will remain at the company for some time.

Nicolas Bertrand, the CEO of Nomura-backed crypto custody firm Komainu, has stepped down from his role “with immediate effect,” a spokesperson from the company said on Thursday.

The development comes hardly two weeks after the company shared an optimistic future in its 2024 Custody Outlook report, revealing an ambitious plan to launch multi-custodian off-exchange settlement of up to T+4 hours through Copper’s ClearLoop.

Komainu CEO Steps Down

According to a Financial News report on February 15, Nicolas Bertrand has stepped down as the chief executive of Komainu for “personal reasons.” The company’s chief technology officer (CTO) Robert Johnson has now taken charge as the interim CEO.

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“Bertrand will be around for a few months in whatever capacity we need him to be but I’ll be taking care of day-to-day business at Komainu with immediate effect,” Johnson said.

Before joining Komainu in September 2022, Bertrand worked at Borsa Italiana as the head of derivatives and commodities and previously headed equities and derivatives at the London Stock Exchange Group.

Bertrand’s exit from Komainu follows rapid global expansion efforts by the company. During his time as the CEO, the company acquired an operating license from Dubai’s Virtual Asset Regulatory Authority (VARA) and the FCA’s approval to provide digital asset custody and collateral management services in the UK.

Read about Nomura’s Swiss crypto subsidiary:
Japanese Banking Giant Nomura Opens Swiss Crypto Subsidiary

Stay updated on Binance’s Season 6 Incubation Program:
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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

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Brian Danga

Brian Danga, a Kenyan crypto reporter, is dedicated to delivering breaking news and updates from the cryptocurrency world. With a background as a Web3 writer and project manager, he recognizes the importance of unbiased reporting. Holding an LLB degree from the University of Nairobi, Brian's analytical skills contribute to his accurate news reporting. His personal interests include cooking, watching documentaries, reading, and engaging in intellectual discussions.